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2007 George Washington $1 You Vs ICG

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Williamsonj320's Avatar
United States
538 Posts
 Posted 10/30/2012  10:52 pm Show Profile   Bookmark this topic Add Williamsonj320 to your friends list Get a Link to this Message Number of Subscribers
We have here a 2007 George Washington Presidential dollar error with missing edge lettering and Struck Through Grease errors. What do you think this grades? I feel ICG probably over graded it and want to see what you all think.

2007-George-Washington-$1-You-Vs-ICG
2007-George-Washington-$1-You-Vs-ICG
2007-George-Washington-$1-You-Vs-ICG
2007-George-Washington-$1-You-Vs-ICG
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Petersun's Avatar
Canada
1700 Posts
 Posted 10/31/2012  12:22 am  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Just curious, is this coin present in your collection or is it scanned from a dealer?
There are no traces of artificial handlig (fingerprints), however, I would downgrade this coin to AU due to its scratches. Maybe AU 58.
MS is still possible in some cases that I've witnessed in the past. Seems to me that the grade should be between AU 58 and MS 62 as the highest.
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Petersun's Avatar
Canada
1700 Posts
 Posted 10/31/2012  12:26 am  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Just for fun,
Another example of Struck Through Grease:
https://goccf.com/t/132031
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Williamsonj320's Avatar
United States
538 Posts
 Posted 10/31/2012  12:35 am  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
This is in hand photo through the slab. And you point out exactly why I think it's over graded. Which scratches exactly do you think bring down to AU?
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Petersun's Avatar
Canada
1700 Posts
 Posted 10/31/2012  01:01 am  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
I am sure that this should be a very disputed coin.
The term uncirculated is very easy to define, even for non-collectors. This coin is clearly uncirculated (no wear and definately hasn't been in circulation). However, About Uncirculated also defines a coin that has been worn or partially damaged coins during transportation. It really depends on the way of defining the terms, in my opinion.
In my particular opinion, what brings the grade up is actually the multi error factor. It has a greater desire and rarity is added to the coin. This may be the only factor that brings the grade up.
By the way, what is the actual ICGS grade?
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Williamsonj320's Avatar
United States
538 Posts
 Posted 10/31/2012  01:06 am  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
I want to wait for a few more replies before posting the grade they give and the grade I think it is to avoid "swaying" anyone.

I do agree with you somewhat on the ambiguity of the definitions between AU and MS, but I think the difference between the two is based more on the wear and less on the bag marks. I think the bag marks come into play when deciding the difference between a high or a low MS.
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Petersun's Avatar
Canada
1700 Posts
 Posted 10/31/2012  01:15 am  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Every coin grading system has its own scale. I don't know about ICG
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Williamsonj320's Avatar
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538 Posts
 Posted 10/31/2012  01:18 am  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
I was referring to my own personal views on grading.
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Petersun's Avatar
Canada
1700 Posts
 Posted 11/01/2012  6:37 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Also, there's something about my coin (the link that I posted.
https://goccf.com/t/132031
There is a minor fingerprint but the condition is too good for AU. Although I never sent it for grading, I am just wondering if the coin could obtain a AU or MS if sent to a TPG.
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upstate's Avatar
United States
3283 Posts
 Posted 11/01/2012  8:39 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
MS60, not sure why it's slabbed
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yotie's Avatar
United States
3077 Posts
 Posted 11/01/2012  9:48 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
MS60 is what I am guessing
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Petersun's Avatar
Canada
1700 Posts
 Posted 11/01/2012  10:43 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
By the way, does anyone have a point of view on my coin?
The 2007 Canadian Nickel?
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/01/2012  11:26 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I will say that ICG called it MS64, no major hits but enough small ticks to limit it to 63 IMO.
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Petersun's Avatar
Canada
1700 Posts
 Posted 11/01/2012  11:28 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
biokemist6,
your thought actually somewhat convinced me.
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Williamsonj320's Avatar
United States
538 Posts
 Posted 11/01/2012  11:37 pm  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
They actually graded it MS65 but I was thinking more along the lines of MS62 due to the scratches on George's face.
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Williamsonj320's Avatar
United States
538 Posts
 Posted 11/01/2012  11:41 pm  Show Profile   Bookmark this reply Add Williamsonj320 to your friends list Get a Link to this Reply
@upstate I assume it was graded to authenticate the missing edge lettering originally. My dad acquired this and was trying to decide whether to have it reslabbed with NGC but I am trying to convince him to leave it as is.

Being authentic is all I would be concerned with with this coin and less so with what a TPG would grade it at personally.

P.S. He already has another missing edge Washington graded MS65 by NGC that looks much cleaner than this one which is why I don't think it's worth it to get this one reslabbed. I think the only reason he is considering it is because this one also has the grease strike through. Would NGC even attribute both of these on the grade?
Edited by Williamsonj320
11/01/2012 11:44 pm
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